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137
Dec 6, 2012
12/12
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medicare was put in place in 1965. the average person lives right at five years longer now than they did -- who reaches 65 lives five years longer now than they did in 1965. that of course has a big impact on all of the projections as to how this program would work in 1965 when it was put in place. and we need to look at that. that's why erskine bowles said just last week -- the former chief of staff for president clinton -- "democrats must move on entitlements and a cliff deal. he said we're going to have to reduce the cost of entitlement programs. senator conrad, the chairman of the budget committee, said we need, we absolutely need to enact fundamental reform in our entitlement programs. he was warning that social security is -- quote -- "headed for insolvency" and senator durbin said ignoring entitlement reform is not a responsible approach. to be sure these programs last, and this is a good time to look at both revenue and spending and surely in a senate that works like the senate should work, we can find out how
medicare was put in place in 1965. the average person lives right at five years longer now than they did -- who reaches 65 lives five years longer now than they did in 1965. that of course has a big impact on all of the projections as to how this program would work in 1965 when it was put in place. and we need to look at that. that's why erskine bowles said just last week -- the former chief of staff for president clinton -- "democrats must move on entitlements and a cliff deal. he said...
102
102
Dec 5, 2012
12/12
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eye 102
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we reduced the cost of medicare by over $700 billion. we found savings of $700 billion in medicare. no one should question whether democrats are willing to try to extract savings to reduce the cost of medicare. a lot of democrats lost their elections because republicans campaigned accusing democrats of cutting medicare. even in this presidential campaign, the president was attacked by mitt romney for it. what mitt romney forgot to mention is none of those cuts in spending in medicare cut benefits. when we did the reductions in medicare spending, we made sure none of those could come at the expense of american seniors who are receiving medicare. the reason you can do that is because there are enough savings to be had. you go after some of the fraud and waste and you get a ton of savings. that is what we did. in a district, there are a lot of efficiencies to learn from. we are willing to discuss reduce spending on important programs. what we are not willing to discuss is, in the first instance, how you pay for deficits that were caused by things other than these programs. we did not p
we reduced the cost of medicare by over $700 billion. we found savings of $700 billion in medicare. no one should question whether democrats are willing to try to extract savings to reduce the cost of medicare. a lot of democrats lost their elections because republicans campaigned accusing democrats of cutting medicare. even in this presidential campaign, the president was attacked by mitt romney for it. what mitt romney forgot to mention is none of those cuts in spending in medicare cut...
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130
Dec 5, 2012
12/12
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CSPAN2
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eye 130
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why do you have to kick people out of medicare? and their answer is, if they were honest, to protect the billionaires and the millionaires, because that's what it's about. we know it. it's a fact in evidence. i've got to say we owe more to the american people. we need to find a way back to the fiscal responsibility and the economic growth that we had when bill clinton was president. i served with five presidents already. it's amazing, in my time in the congress. and i have seen people come together at crisis moments when social security needed to be strengthened, when medicare needed to be strengthened, when we had deficits as far as the eye could see and we would have to resolve it. i have seen all that happen. and i will say we have got 27 days left to see something good happen on this fiscal cliff. you know, when people tell you oh, it's very complicated, don't believe it. don't believe it. it's not complicated. there are several parts to this fiscal cliff. the biggest one is that the bush-era tax cuts are expiring on 100% of th
why do you have to kick people out of medicare? and their answer is, if they were honest, to protect the billionaires and the millionaires, because that's what it's about. we know it. it's a fact in evidence. i've got to say we owe more to the american people. we need to find a way back to the fiscal responsibility and the economic growth that we had when bill clinton was president. i served with five presidents already. it's amazing, in my time in the congress. and i have seen people come...
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93
Dec 6, 2012
12/12
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CSPAN2
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we cannot break the promise of medicare and social security. that's wrong. we cannot break that promise. i was proud to help craft affordable care act. we did major steps to slow the growth of health care spending, and strengthen both medicare and medicaid. but there's still more to do. this this morning's panel focus on reforming health care spending. this is critical. but we need to focus on facts. if you turn on any television during the campaign season, you likely saw fix it, attack after attack ad. claiming billions of cuts to medicare, including putting millions of america's seniors at risk. nothing could be further from the truth. there's zero cuts to medicare beneficiaries in the affordable care act, zero. these ads are the exact types of ms. living political attacks. both parties are certainly guilty. i'll be the first to admit that no one will be able to come together on these tough decisions if and when we do, if used as red-hot issues to brand each other. there will be no winners and both sides continue these kinds of fights. you rise and fall as
we cannot break the promise of medicare and social security. that's wrong. we cannot break that promise. i was proud to help craft affordable care act. we did major steps to slow the growth of health care spending, and strengthen both medicare and medicaid. but there's still more to do. this this morning's panel focus on reforming health care spending. this is critical. but we need to focus on facts. if you turn on any television during the campaign season, you likely saw fix it, attack after...
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108
Dec 5, 2012
12/12
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CSPAN2
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eye 108
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should we end the medicare guarantee for our seniors and the next generation? well, those big questions were discussed, argued and clear positions were taken, and voters went to polling places on election day to render their verdict. and, mr. president, the outcome was clear. candidates who stood up for the middle class won. candidates who advocated for our seniors came out ahead. and in exit polls across the country, voters made very clear that they strongly supported the idea that the wealthy should pay higher tax rates and their fair share. and everyone -- democrat, republican, independent, wealthy, low income, middle class, students, workers, retirees, older, younger and inbetween -- everyone, everyone supports extending the tax cuts for the middle class. nobody thinks that the taxes should go up for 98% of our workers and 97% of our small business owners. so, mr. president, this ought to be easy. the american people just weighed in supporting a continuation of the bush tax cuts for the middle class. it's a policy democrats and republicans agree on. and it
should we end the medicare guarantee for our seniors and the next generation? well, those big questions were discussed, argued and clear positions were taken, and voters went to polling places on election day to render their verdict. and, mr. president, the outcome was clear. candidates who stood up for the middle class won. candidates who advocated for our seniors came out ahead. and in exit polls across the country, voters made very clear that they strongly supported the idea that the wealthy...
167
167
Dec 4, 2012
12/12
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cut medicare specific number one. $600 billion. cut medicaid, pays for nursing homes for seniors, of course. priority number two. three, cut the adequate cola for seniors on social security. even though 40% of seniors depend principally or totally upon social security and the cola already underestimated inflation particularly for medicare, essentials they need. cut that. not a driver of the deficit but, hey, cut that. one more specific. preserve the bush-era tax rates for income over $250,000. it's not a tax increase for everybody who earns over $250,000. it's only the income over $250,000 that would get additional taxes if the bush-era rates went away and the president's proposal was passed. but, no, they want to preserve -- totally preserve tax cuts for income over $250,000. they want to preserve the reduced capital gains rate and dividends rate which principally who ben pets, who else, millionaires and billionaires. now -- benefits, who else, millionaires and billionaires. they did have the jay wellington wimpy plan. you remembe
cut medicare specific number one. $600 billion. cut medicaid, pays for nursing homes for seniors, of course. priority number two. three, cut the adequate cola for seniors on social security. even though 40% of seniors depend principally or totally upon social security and the cola already underestimated inflation particularly for medicare, essentials they need. cut that. not a driver of the deficit but, hey, cut that. one more specific. preserve the bush-era tax rates for income over $250,000....
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247
Nov 30, 2012
11/12
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CNNW
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age, i will means test medicare for more affluent americans. democrats are okay with that some of them anyway. he wants to show specific entitlement cut cards and then get revenues from the republicans, but both leader mcconnell and speaker boehner right now, joe, you know this very well, they don't want to give the president the trophy the democrats want. the democrats want that rate increase. that's been the trophy they've wanted since the bush tax cuts were put in place in the previous administration. they want it now. republicans say they won't give it to the president. you can call it chicken, a kabooki dance, but the stakes are high. >> it's interesting. you wonder if they sort of remembered what happened just a few years ago with t.a.r.p. there was a point where the congress couldn't come to an agreement on t.a.r.p. and they ended up sinking the stock market by 700, 800 points. today i was watching as the president and john boehner were speaking watching the stock market ticking down, ticking down. a huge danger? or, again, is this just
age, i will means test medicare for more affluent americans. democrats are okay with that some of them anyway. he wants to show specific entitlement cut cards and then get revenues from the republicans, but both leader mcconnell and speaker boehner right now, joe, you know this very well, they don't want to give the president the trophy the democrats want. the democrats want that rate increase. that's been the trophy they've wanted since the bush tax cuts were put in place in the previous...